Jiangsu Tianmu Lake Tourism Co Ltd
Jiangsu Tianmu Lake Tourism Co.,Ltd, together with its subsidiaries, engages in the tourism development and operation business in China. The company owns tourist attractions; and operates hotels and resorts. It is also involved in catering and accommodation; tourism and recuperation services; agriculture activities; hot spring bath business; cableway transportation; and provision of business trai… Read more
Jiangsu Tianmu Lake Tourism Co Ltd (603136) - Net Assets
Latest net assets as of September 2025: CN¥1.50 Billion CNY
Based on the latest financial reports, Jiangsu Tianmu Lake Tourism Co Ltd (603136) has net assets worth CN¥1.50 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.69 Billion) and total liabilities (CN¥197.28 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.50 Billion |
| % of Total Assets | 88.34% |
| Annual Growth Rate | 16.99% |
| 5-Year Change | 40.24% |
| 10-Year Change | 373.62% |
| Growth Volatility | 33.76 |
Jiangsu Tianmu Lake Tourism Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Jiangsu Tianmu Lake Tourism Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jiangsu Tianmu Lake Tourism Co Ltd (2013–2024)
The table below shows the annual net assets of Jiangsu Tianmu Lake Tourism Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.47 Billion | +1.31% |
| 2023-12-31 | CN¥1.45 Billion | +12.71% |
| 2022-12-31 | CN¥1.29 Billion | +1.27% |
| 2021-12-31 | CN¥1.27 Billion | +21.27% |
| 2020-12-31 | CN¥1.05 Billion | +5.58% |
| 2019-12-31 | CN¥991.07 Million | +10.24% |
| 2018-12-31 | CN¥898.98 Million | +10.11% |
| 2017-12-31 | CN¥816.44 Million | +124.78% |
| 2016-12-31 | CN¥363.22 Million | +17.23% |
| 2015-12-31 | CN¥309.83 Million | +18.49% |
| 2014-12-31 | CN¥261.48 Million | +0.09% |
| 2013-12-31 | CN¥261.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Tianmu Lake Tourism Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 278.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥506.90 Million | 37.85% |
| Common Stock | CN¥270.13 Million | 20.17% |
| Other Components | CN¥562.29 Million | 41.98% |
| Total Equity | CN¥1.34 Billion | 100.00% |
Jiangsu Tianmu Lake Tourism Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Tianmu Lake Tourism Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PTG Energy Public Company Limited
BK:PTG-R
|
$186.17 Million |
|
Samyang Holdings
KO:000070
|
$186.18 Million |
|
Guangdong PAK Corporation Co Ltd
SHE:300625
|
$186.21 Million |
|
Techpoint Inc
PINK:THPTF
|
$186.21 Million |
|
REGIONAL MAN.CORP.DL -10
F:46F
|
$186.08 Million |
|
Sharda Motor Industries Limited
NSE:SHARDAMOTR
|
$186.07 Million |
|
DOMINION LENDING C. O.N.
F:B6M
|
$186.01 Million |
|
Hunan Hengguang Technology Co.Ltd.
SHE:301118
|
$185.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Tianmu Lake Tourism Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,332,520,857 to 1,339,312,288, a change of 6,791,431 (0.5%).
- Net income of 104,662,021 contributed positively to equity growth.
- Dividend payments of 103,534,453 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥104.66 Million | +7.81% |
| Dividends Paid | CN¥103.53 Million | -7.73% |
| Other Changes | CN¥5.66 Million | +0.42% |
| Total Change | CN¥- | 0.51% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Tianmu Lake Tourism Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.55x to 2.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.83 | CN¥12.00 | x |
| 2014-12-31 | CN¥1.80 | CN¥12.00 | x |
| 2015-12-31 | CN¥2.12 | CN¥12.00 | x |
| 2016-12-31 | CN¥2.47 | CN¥12.00 | x |
| 2017-12-31 | CN¥5.52 | CN¥12.00 | x |
| 2018-12-31 | CN¥4.91 | CN¥12.00 | x |
| 2019-12-31 | CN¥5.37 | CN¥12.00 | x |
| 2020-12-31 | CN¥5.63 | CN¥12.00 | x |
| 2021-12-31 | CN¥6.28 | CN¥12.00 | x |
| 2022-12-31 | CN¥6.38 | CN¥12.00 | x |
| 2023-12-31 | CN¥7.11 | CN¥12.00 | x |
| 2024-12-31 | CN¥4.99 | CN¥12.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Tianmu Lake Tourism Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.52%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.33x
- Recent ROE (7.81%) is below the historical average (12.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.24% | 9.67% | 0.31x | 4.49x | CN¥7.53 Million |
| 2014 | 25.12% | 13.93% | 0.38x | 4.72x | CN¥34.26 Million |
| 2015 | 20.15% | 12.78% | 0.43x | 3.69x | CN¥27.21 Million |
| 2016 | 22.17% | 16.43% | 0.44x | 3.09x | CN¥38.04 Million |
| 2017 | 11.20% | 18.34% | 0.42x | 1.47x | CN¥9.03 Million |
| 2018 | 12.50% | 21.09% | 0.43x | 1.37x | CN¥20.65 Million |
| 2019 | 13.70% | 24.59% | 0.41x | 1.37x | CN¥33.38 Million |
| 2020 | 5.77% | 14.67% | 0.23x | 1.69x | CN¥-40.31 Million |
| 2021 | 4.40% | 12.30% | 0.26x | 1.37x | CN¥-65.47 Million |
| 2022 | 1.71% | 5.51% | 0.23x | 1.33x | CN¥-98.46 Million |
| 2023 | 11.03% | 23.34% | 0.36x | 1.31x | CN¥13.75 Million |
| 2024 | 7.81% | 19.52% | 0.30x | 1.33x | CN¥-29.27 Million |
Industry Comparison
This section compares Jiangsu Tianmu Lake Tourism Co Ltd's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $1,159,936,773
- Average return on equity (ROE) among peers: 8.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Tianmu Lake Tourism Co Ltd (603136) | CN¥1.50 Billion | 13.24% | 0.13x | $186.10 Million |
| ShenZhen Zero-Seven Co Ltd (000007) | $-74.87 Million | 0.00% | 0.00x | $257.28 Million |
| Shenzhen Overseas Chinese Town Co Ltd (000069) | $1.82 Billion | 12.64% | 0.65x | $1.17 Billion |
| Huatian Hotel Group Co Ltd (000428) | $2.46 Billion | 0.08% | 1.67x | $234.77 Million |
| Zhang Jia Jie Tourism Group Co Ltd (000430) | $216.43 Million | 0.72% | 0.50x | $221.75 Million |
| XiAn Tourism Co Ltd (000610) | $417.85 Million | 6.45% | 1.33x | $209.05 Million |
| Guilin Tourism Corp Ltd (000978) | $431.55 Million | 10.74% | 0.35x | $236.14 Million |
| LiJiang YuLong Tourism Co Ltd (002033) | $2.67 Billion | 2.64% | 0.06x | $387.01 Million |
| Yunnan Tourism Co Ltd (002059) | $2.12 Billion | 23.01% | 0.95x | $252.90 Million |
| SSAW Hotels & Resorts Group Co.Ltd. (301073) | $252.33 Million | 28.63% | 0.81x | $405.41 Million |
| China CYTS Tours Holding Co Ltd (600138) | $1.30 Billion | 2.50% | 0.31x | $711.50 Million |